What is the document referenced as the "Franchise Agreement" in the Crepe De Licious Owners Agreement?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
CREPE DE LICIOUS FRANCHISE AGREEMENT
This Franchise Agreement ("Agreement") is made by and between Crepe Delicious Holding USA, Inc., a Delaware corporation headquartered at 147 Citation Drive, Unit 29, Concord, Ontario, Canada L4K 2P8 ("we" or "us"), and the franchisee identified on the signature page of this Agreement ("you") as of the date specified as the "Effective Date" on the signature page. In consideration of the following mutual promises, the parties agree as follows:
1. RECITALS
- 1.01 System and Marks. We have the right to use and to license to our franchisees a proprietary and distinctive system ("System") relating to the establishment and operation of Crepe de licious restaurants and kiosks which make and sell some or all of the following: crepe-based dishes and other specialty food items, gelato, beverage items and other items. We also have the right to use and to license to our franchisees certain service marks, trademarks, trade names, trade dress, logos, slogans and commercial symbols used to identify the restaurant or kiosk or particular items and services offered (collectively, the "Marks").
- 1.02 Desire to Franchise. You desire, upon the terms and conditions set forth in this Agreement, to obtain a license to use the System and Marks in the establishment and operation of a Crepe de licious unit ("Restaurant, Kiosk, or Food Truck") to engage in the business of making and selling some or all of the following: crepe-based dishes and other specialty food items, gelato, beverage items and other items ("Franchised Business"). We are willing, upon the terms and conditions set forth herein, to license you to establish and operate the Franchised Business using the Marks and the System in a Restaurant, Kiosk, or Food Truck at an approved location. Unless the context indicates otherwise, capitalized terms have the meaning ascribed to them in this Agreement.
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
According to the 2025 Crepe De Licious Franchise Disclosure Document, the Franchise Agreement is the agreement between Crepe Delicious Holding USA, Inc. and the franchisee. This agreement grants the franchisee the right to operate a Crepe De Licious business using the company's system and marks. The Franchise Agreement outlines the terms and conditions under which Crepe De Licious licenses its system and marks for the establishment and operation of a Crepe De Licious unit, such as a restaurant, kiosk, or food truck.
The Franchise Agreement gives the franchisee a license to use the Crepe De Licious System and Marks to operate a Franchised Business at an approved location. The "System" includes the proprietary methods, trademarks, and operational procedures that define a Crepe De Licious restaurant. The "Marks" are the service marks, trademarks, trade names, logos and commercial symbols that identify the restaurant.
Prospective franchisees should carefully review the Franchise Agreement, as it details the obligations, rights, and responsibilities of both the franchisor and the franchisee. Understanding the terms of the Franchise Agreement is crucial for a franchisee to ensure compliance and to leverage the benefits of the Crepe De Licious franchise system. Exhibit B of the FDD also contains a sample of the Franchise Agreement.